Hi Forrest,
You DO NOT need activity in a warrant to trade it as you say.
Well said, who cares about activity, as i keep saying.
Look at my post on BHP, RIO and NCM yesterday pointing to a PUT play...NCMWZU was 31 cents now at 35 cents. My point is that liquidity is irrelevant to me as i am competing with the Market Maker and yes he is sometimes unfair as he has a 1 to 2 cent spread. If others rely on activity to feel more confident etc....to make a trade, that is there choice.
It is wise to call them as Debono said and ask for a lower entry price in most cases if you push them they will do it.
Was there much activity yesterday in the PUT play...not much...then why and how did i pick the PUT play on these stocks...because i look at the the situation then and there and make a decision..as i said, i lead and not wait for others to show that there is volume etc...in a particular warrant.
Again posters need to look at the Mother stock, analyse the situation and see if it is a PUT or CALL play...and activity in a warrant is no concern to me, as i make my choice and trade it with the MM.
You enter a Warrant,Option or CFD, because the MOTHER stock is showing me a move about to occur....so volume and liquidity etc...is no concern as long as you pick a good derivative to trade.
PEOPLE NEED TO PAY ATTENTION TO THE MOTHER STOCK ACTIONS.
Then you choose a derivative to trade...and if you are the only one buying...who cares as long as you made the right choice.
BE A LEADER, NOT A FOLLOWER as i notice most traders are followers and look to see what others are doing and if there is volume, liquidity etc....WRONG..WRONG..WRONG.
A smart trader makes his own decisions and acts on them irrelevant what others are doing.
PLAN YOUR TRADE, THEN TRADE YOUR PLAN.
Nice to hear from you Forrest...have a nice day.
Cheers,
MINOTAUR.
- Forums
- ASX - By Stock
- CSL
- good call warrant to trade
good call warrant to trade, page-37
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CSL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$305.34 |
Change
4.220(1.40%) |
Mkt cap ! $147.5B |
Open | High | Low | Value | Volume |
$303.92 | $305.98 | $302.00 | $378.0M | 1.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 74 | $305.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$305.43 | 250 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 74 | 305.220 |
1 | 32 | 304.540 |
1 | 4955 | 304.350 |
1 | 4649 | 304.170 |
1 | 1593 | 304.020 |
Price($) | Vol. | No. |
---|---|---|
305.900 | 200 | 1 |
305.950 | 150 | 1 |
305.990 | 100 | 1 |
306.000 | 639 | 6 |
306.250 | 50 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
CSL (ASX) Chart |